Who's Afraid of Adam Smith? by Peter J. Dougherty

Book Description

"Peter Dougherty does the near--impossible in this brilliant book ...[he] makes economics engaging and accessible." ----Professor Larry J. Sabato, University of Virginia In this spirited and timely book, Peter Dougherty shows how economists are drawing on Adam Smitha s civic writings to illuminate how the market creates not only fiscal capital, but "social capital." Dougherty demonstrates how Smitha s ideas are currently experiencing a renaissance. He then explores several impressive initiatives to demonstrate what todaya s theoretical and practicing economists are accomplishing in the spirit of Adam Smitha s moral sentiments: the institutional reform of transitional and developing economies; the financing of new technological, medical, and educational initiatives; and the economic revival of cities. Capitalism pervades every aspect of our daily life. Peter Dougherty now offers a fascinating peek at its hidden soul.

Author Biography - Peter J. Dougherty

PETER J. DOUGHERTY is Publisher and Senior Economics Editor of Princeton University Press. His occasional writings have appeared in the Los Angeles Times, the Journal of Economic Literature, Economics and Portfolio Strategy, the Chronicle of Higher Education, and the American Sociologist.

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